Xiamen East (China) Probability of Future Stock Price Finishing Over 14.39
| 301028 Stock | 11.00 0.18 1.66% |
Xiamen |
Xiamen East Target Price Odds to finish over 14.39
The tendency of Xiamen Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over 14.39 or more in 90 days |
| 11.00 | 90 days | 14.39 | near 1 |
Based on a normal probability distribution, the odds of Xiamen East to move over 14.39 or more in 90 days from now is near 1 (This Xiamen East Asia probability density function shows the probability of Xiamen Stock to fall within a particular range of prices over 90 days) . Probability of Xiamen East Asia price to stay between its current price of 11.00 and 14.39 at the end of the 90-day period is about 23.84 .
Assuming the 90 days trading horizon Xiamen East Asia has a beta of -0.42. This suggests as returns on the benchmark increase, returns on holding Xiamen East are expected to decrease at a much lower rate. During a bear market, however, Xiamen East Asia is likely to outperform the market. Additionally Xiamen East Asia has an alpha of 0.5121, implying that it can generate a 0.51 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Xiamen East Price Density |
| Price |
Predictive Modules for Xiamen East
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Xiamen East Asia. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Xiamen East Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Xiamen East is not an exception. The market had few large corrections towards the Xiamen East's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Xiamen East Asia, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Xiamen East within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.51 | |
β | Beta against Dow Jones | -0.42 | |
σ | Overall volatility | 1.31 | |
Ir | Information ratio | 0.10 |
Xiamen East Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Xiamen East for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Xiamen East Asia can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Xiamen East Asia had very high historical volatility over the last 90 days | |
| Xiamen East Asia is unlikely to experience financial distress in the next 2 years | |
| About 74.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Is Xiamen East Asia Machinery Industrial Co., Ltd.s Recent Stock Performance Tethered To Its Strong Fundamentals - Simply Wall St |
Xiamen East Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Xiamen Stock often depends not only on the future outlook of the current and potential Xiamen East's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Xiamen East's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 378.9 M |
Xiamen East Technical Analysis
Xiamen East's future price can be derived by breaking down and analyzing its technical indicators over time. Xiamen Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Xiamen East Asia. In general, you should focus on analyzing Xiamen Stock price patterns and their correlations with different microeconomic environments and drivers.
Xiamen East Predictive Forecast Models
Xiamen East's time-series forecasting models is one of many Xiamen East's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Xiamen East's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Xiamen East Asia
Checking the ongoing alerts about Xiamen East for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Xiamen East Asia help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Xiamen East Asia had very high historical volatility over the last 90 days | |
| Xiamen East Asia is unlikely to experience financial distress in the next 2 years | |
| About 74.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Is Xiamen East Asia Machinery Industrial Co., Ltd.s Recent Stock Performance Tethered To Its Strong Fundamentals - Simply Wall St |
Other Information on Investing in Xiamen Stock
Xiamen East financial ratios help investors to determine whether Xiamen Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Xiamen with respect to the benefits of owning Xiamen East security.